Air Freight News
The $113 billion Tata empire faces tough decisions over airlines
Ratan Tata is no stranger to flying. As a 17-year-old, the patriarch of India’s biggest conglomerate once landed a plane that had lost its sole…
Boeing mulls equity sale, plans new cut to Dreamliner output
Boeing Co. is studying an equity sale and other ways to ease a debt burden that has soared to $61 billion this year amid the…
American Airlines echoes Delta in warning of demand slowdown
American Airlines Group Inc. is seeing a slowdown in demand because of surging coronavirus cases, signaling a weaker outlook heading into the year-end holidays.
Boeing’s breakthrough Max deal fuels hope for travel rebound
This year’s biggest jetliner deal signals there’s a growing sense of optimism that travel demand will come roaring back from a historic collapse once coronavirus…
Ryanair chief puts rivals on notice with big Boeing jet purchase
Ryanair Holdings Plc has a plan to thunder back from the air travel slump, grabbing airport space while its weakened rivals are still in retreat.
Southwest ramps up layoff warning with notices on 6,828 jobs
Southwest Airlines Co. dramatically expanded its furlough warnings, telling employees that 6,828 jobs are at risk as the company and its labor unions have failed…
Boeing lands crucial Max deal from Ryanair as grounding ends
Boeing Co. sealed a landmark order for its 737 Max jet from Ryanair Holdings Plc, boosting the U.S. planemaker’s efforts to revive its best-selling model…
Lufthansa adds flights as confined Germans plot festive breaks
Deutsche Lufthansa AG will expand its Christmas flight schedule after a surge in bookings from German tourists, a rare piece of good news for the…
Pilots mishandle mid-air crash warnings, European report finds
Almost two-thirds of pilots who received alerts of a potential mid-air collision with another plane were found to have responded incorrectly, prompting labor groups to…
South Africa seeks $400 million for stake in state airline
South Africa is looking to raise about $400 million from the sale of a stake in its bankrupt national airline, according to people familiar with…